Investment property in St Lucia has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -14.55%
While St Lucia,4067 ranked number 667th in QLD for increase in median house value (annualised) increase, it is ranked 554th over the last 5 years.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.31% offered to property buyers. Sellers in St Lucia itself are offering an average vendor discount of -7.85% to real estate investors.
St Lucia is in the bottom 10% in QLD when comparing median price capital growth over the last year. St Lucia gave property investors a dismal capital gain figure when compared to the rest of the state, with -12.34%.
If we look at median property appreciation over just the last three months, St Lucia has given property investors a paper return of 0.46%. This puts Suburb as 154 on a list of fastest fasting appreciating suburbs in QLD
The most recent median price for St Lucia is $437000, with sellers offering an average of -5.71% off the asking price.